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Record Year for Lobbyists
Joshua Zumbrun
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1
5-1-2008 2:17 PM
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Joshua Zumbrun
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Turns out that oil and agriculture aren't the only industries bringing in more money than ever before. Is lobbying the ultimate recession-proof industry?
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/468b035e-03c2-47c5-b526-98df5b18cc2f/826F8E82-B418-47D8-8B1A-865711F7F428/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.cqpolitics.com/wmspage.cfm?docID=news-000002714385" href="http://www.cqpolitics.com/wmspage.cfm?docID=news-000002714385" style="font-size: 11px;">www.cqpolitics.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cqpolitics.com/wmspage.cfm?docID=news-000002714385"><H1 class="headline-story">Lobbying Spending on Pace to Break Record</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cqpolitics.com/wmspage.cfm?docID=news-000002714385"><P>The K Street lobbying industry has racked up almost a billion dollars in expenditures so far this year, and may be on pace to shatter spending records under the new quarterly filing system based on first quarter reports for this year.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cqpolitics.com/wmspage.cfm?docID=news-000002714385"><P> Based on the reports, industry watchers are predicting that special interests could spend $4 billion on lobbying in 2008, far exceeding the $2.9 billion record set last year. And the spending projections could increase more as congressional officials in charge of processing the lobbying disclosure forms add new reports that were improperly filed. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/826F8E82-B418-47D8-8B1A-865711F7F428/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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